FELIXINFI: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
FELIXINFI
Largest movements
- Cash +€36,718
up €36,718 (+592%), from €6,207 to €42,925
mainly Net result for the year (+€34,092) and Depreciation (+€16,081)
- Receivables within one year +€15,948
up €15,948 (+282%), from €5,648 to €21,597
- Tangible fixed assets -€14,782
down €14,782 (-35.1%), from €42,078 to €27,295
of which Furniture and vehicles: -€14,167
- Reserves +€34,092
up €34,092 (+65.8%), from €51,826 to €85,918
- Tax, wage and social debts +€2,220
new in 2025: €2,220
- Trade debts +€1,677
up €1,677 (+269%), from €624 to €2,302
- Gross operating margin -€11,649
down €11,649 (-15.3%), from €76,174 to €64,525
- Depreciation +€7,476
up €7,476 (+86.9%), from €8,605 to €16,081
- Taxes -€1,505
down €1,505 (-9.6%), from €15,725 to €14,220
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €56,451 | €94,440 | +€37,989 | +67.3% |
| Fixed assets | 21/28 | €42,078 | €27,295 | -€14,782 | -35.1% |
| Tangible fixed assets | 22/27 | €42,078 | €27,295 | -€14,782 | -35.1% |
| Plant, machinery and equipment | 23 | €899 | €1,689 | +€789 | +87.8% |
| Furniture and vehicles | 24 | €34,953 | €20,786 | -€14,167 | -40.5% |
| Other tangible fixed assets | 26 | €6,225 | €4,821 | -€1,405 | -22.6% |
| Current assets | 29/58 | €14,373 | €67,145 | +€52,771 | +367% |
| Amounts receivable within one year | 40/41 | €5,648 | €21,597 | +€15,948 | +282% |
| Other amounts receivable | 41 | €5,648 | €21,597 | +€15,948 | +282% |
| Cash at bank and in hand | 54/58 | €6,207 | €42,925 | +€36,718 | +592% |
| Deferred charges and accrued income | 490/1 | €2,518 | €2,622 | +€105 | +4.2% |
| Total equity and liabilities | 10/49 | €56,451 | €94,440 | +€37,989 | +67.3% |
| Equity | 10/15 | €55,826 | €89,918 | +€34,092 | +61.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €51,826 | €85,918 | +€34,092 | +65.8% |
| Distributable reserves | 133 | €51,826 | €85,918 | +€34,092 | +65.8% |
| Amounts payable | 17/49 | €624 | €4,522 | +€3,898 | +624% |
| Amounts payable within one year | 42/48 | €624 | €4,522 | +€3,898 | +624% |
| Trade debts | 44 | €624 | €2,302 | +€1,677 | +269% |
| Suppliers | 440/4 | €624 | €2,302 | +€1,677 | +269% |
| Taxes, remuneration and social security | 45 | - | €2,220 | +€2,220 | |
| Taxes | 450/3 | - | €2,220 | +€2,220 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,605 | €16,081 | +€7,476 | +86.9% |
| Other operating charges | 640/8 | - | €512 | +€512 | |
| Gross operating margin | 9900 | €76,174 | €64,525 | -€11,649 | -15.3% |
| Operating profit (loss) | 9901 | €67,569 | €47,932 | -€19,637 | -29.1% |
| Financial income | 75/76B | - | €530 | +€530 | |
| Recurring financial income | 75 | - | €530 | +€530 | |
| Financial charges | 65/66B | €18 | €150 | +€132 | +751% |
| Recurring financial charges | 65 | €18 | €150 | +€132 | +751% |
| Profit (loss) for the period before taxes | 9903 | €67,551 | €48,312 | -€19,239 | -28.5% |
| Income taxes | 67/77 | €15,725 | €14,220 | -€1,505 | -9.6% |
| Profit (loss) for the period | 9904 | €51,826 | €34,092 | -€17,734 | -34.2% |
| Profit (loss) for the period to be appropriated | 9905 | €51,826 | €34,092 | -€17,734 | -34.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.